Cipher Digital Expands Barber Lake Contracted Term to 20 Years

08:20 AM EDT, 09/25/2026 (MT Newswires) -- Cipher Digital (CIFR) extended the Barber Lake data center lease term to 20 years from 10 years, raising contracted revenue to more than $9 billion from $3.8 billion, the company said Friday. The company said it amended its Fluidstack lease and secured a binding 10-year commitment from a leading AI lab, expected to add about $5.2 billion in contracted revenue. The facility will be delivered in phases from Q4 2026 through Q1 2027, with rent commencing as each data hall is delivered and the first rent expected to begin in Q4 2026, it added. Cipher Digital shares were up 3.5% in premarket activity.